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Business News Deals Live Business
TEG acquires London venues XOYO and Camden Assembly
By Chris Cooke | Published on Monday 14 June 2021
The UK subsidiary of Australian live firm TEG – that’ll be TEG MJR – has bought itself two London music venues, the 800 capacity XOYO in Shoreditch and the 400 capacity Camden Assembly in, well, Camden.
You might still think of the Camden Assembly as being the Barfly. But if you do, you’re so out of date. Like, embarrassingly out of date. It rebranded as the Assembly after the Columbo Group bought the venue from the by-then-Live Nation-owned Mama & Co back in 2016.
TEG MJR says that it will “enhance the production infrastructure of XOYO and relaunch the venue with a three date residency with Skream and further weekly residency parties to be announced”.
Meanwhile, “Camden Assembly will continue to trade daily with a mix of live shows, club nights and electronic music events upstairs”, just as soon as the ongoing COVID restrictions are out of the way, obviously.
Confirming the acquisitions, TEG CEO Geoff Jones said: “These are two of London’s most loved venues. We will honour their legacies whilst bringing new and unbeatable live music and event experiences to patrons. This move gives us a presence in the vibrant London music scene”.
While Dan Ickowitz-Seidler, COO at TEG MJR, said: “We are excited to be a part of London’s diverse night time culture and to soon be delivering great events and hospitality at two of London’s leading venues. The location of both venues is incredible and we are committed to respecting their past and investing in their future, with plans to offer fantastic, contemporary experiences”.
